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Pahang eyes RM30b investments

Windsorhai

Alfrescian (Inf)
Asset
14 September 2012 | last updated at 12:51AM

Pahang eyes RM30b investments

By T.N. ALAGESH | [email protected]

BRIGHT FUTURE: State Economic Advisory Council confident of achieving target by 2020

image.jpg


Menteri Besar Datuk Seri Adnan Yaakob (centre) chairing the Pahang Economic Advisory Council meeting in Kuantan yesterday. Pic by Afif Abd Halim

KUANTAN: THE Pahang government is targeting investments valued at RM30 billion involving five sectors, namely the industrial, petrochemical, green technology, agriculture and construction, in the next eight years.

Menteri Besar Datuk Seri Adnan Yaakob said until last year, the state government had secured investments totalling RM6 billion and was confident that the RM30 billion target would be achieved by 2020.

"The state has a fair share of strengths and opportunities that should be capitalised on. Cluster sectors, which promise lucrative returns, have been identified.

"Several main projects have also been identified from the five sectors, which will help us achieve our target by 2020," he said after chairing Pahang's Economic Advisory Council meeting, here, yesterday.

Adnan said the state government had also identified three approaches to realise the RM30 billion target. They were efficient implementation of the projects, making the right decisions on investments and strengthening core sectors, involving petrochemical, industrial and agriculture.

He said the council was established following the state's Inaugural Economic Convention in March.

"The state economic advisory panel consists of experts in various fields and they are here to share and lend assistance to the council in the state's development and economic policy-making process.

"Although the state government is on the right path, we still need experts in their respective fields to inject fresh ideas to help us stimulate investment and boost the economy."
 
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